Estate planning refers to the process of arranging for and anticipating the disposal of your estate in the event of your incapacitation or death. It is ensuring that your final health care and property wishes are honored, and that your family members and loved ones are provided for in your absence.
An estate is comprised of all property owned by an individual at the time of his or her death including savings and checking accounts, real estate, life insurance policies, stocks and other securities, and personal property such as jewelry, furniture, and automobiles.
There are many things to consider when estate planning, and the attorneys at Nepa & McGraw, PC can clearly explain all options available to you to help meet your goals. Through the use of trusts, wills and powers of attorney, as well as with extensive knowledge on estate and inheritance tax issues, our attorneys can customize a plan that will fulfill your needs and those of your family members.
No individual likes to think about mortality or even the possibility of being unable to make his or her own financial decisions. Unfortunately, families end up being caught unprepared and off guard in the event of incapacity or death. As we at Nepa & McGraw constantly stress to our clients, the best time to plan an estate is now. A properly and thoroughly prepared plan does not just protect your loved ones, but provides both you and your family members with peace of mind.
Estate planning can be a complex matter to deal with, and it may be in your best interests to consult with a knowledgeable attorney when creating your estate plan. If you are dealing with estate planning and other related issues, call Nepa & McGraw today at (570) 282-7050 for a free and confidential consultation without obligation.